Green Packaging Market Analysis, Size, Share, and Growth Forecast to 2024-2031 | BASF SE, WestRock Company, Amcor Limited, Sealed Air

The Global Green Packaging Market reached USD 255.1 billion in 2022 and is expected to reach USD 350.5 billion by 2030, growing with a CAGR of 7.2% during the forecast period 2024-2031.

The Green Packaging market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Green packaging refers to the use of environmentally friendly materials and processes to create packaging solutions that reduce environmental impact. This includes using renewable, recyclable, biodegradable, or reusable materials, as well as minimizing waste and energy consumption during the packaging production process. The goal of green packaging is to reduce carbon footprints, conserve resources, and reduce the amount of waste that ends up in landfills. Green packaging is increasingly important for brands looking to meet consumer demand for sustainable practices while complying with environmental regulations. It is a key aspect of the growing trend toward eco-conscious business practices in various industries.

Forecast Growth Projected:

The Global Green Packaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Green Packaging Market:

BASF SE, WestRock Company, Amcor Limited, Sealed Air, Mondi PLC, Bemis Company Inc., The Dow Chemical Company, Ball Corporation, L'Oreal International and Tetra Pack

Industry Development:

In February 2023, Sealed Air, a packaging company based in North Carolina, U.S., acquired Liquibox, a producer of eco-friendly liquid packaging. This acquisition enables Sealed Air to expand its product offerings in the food and beverage sector, responding to the growing demand for sustainable packaging solutions.

In April 2022, WestRock Company, a leading U.S. corrugated packaging provider, and Recipe Unlimited, a Canadian restaurant chain operator, partnered to launch a range of recyclable paperboard products. This initiative aims to keep 31 million plastic containers out of Canada's landfills annually. The partnership's first product line debuted in Swiss Chalet restaurants in October 2021 and is now available nationwide.

In September 2022, Sealed Air introduced a new line of protective packaging solutions under its "BUBBLE WRAP" brand, incorporating over 50% recycled plastic, as part of its commitment to sustainability.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Green Packaging Market:

By Packaging Type: Paper, Plastic, Metal, Glass

By Reusable Packaging Type: Drums, Plastic Containers, Others

By End-User Type: Food industry, Healthcare industry, Personal Care Industry, Others

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Green Packaging Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Green Packaging market?

➠ Who are the global key manufacturers of the Green Packaging Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Green Packaging market opportunities and threats faced by the vendors in the global Green Packaging Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Green Packaging market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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